Zalando (OTCMKTS:ZLNDY) Hits New 1-Year Low – What’s Next?

Zalando (OTCMKTS:ZLNDY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $12.35 and last traded at $12.35, with a volume of 670 shares. The stock had previously closed at $14.3870.

Analyst Ratings Changes

Several analysts have recently commented on ZLNDY shares. Citigroup restated a “buy” rating on shares of Zalando in a research note on Thursday, December 11th. Barclays raised shares of Zalando from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Zalando currently has a consensus rating of “Hold”.

Zalando Trading Down 12.5%

The business has a fifty day simple moving average of $14.28 and a 200 day simple moving average of $14.49. The company has a market cap of $6.67 billion, a P/E ratio of 24.26 and a beta of 1.61. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.59 and a current ratio of 1.12.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). Zalando had a return on equity of 8.67% and a net margin of 2.07%.The business had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.45 billion. Analysts anticipate that Zalando will post 0.5 earnings per share for the current fiscal year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.